Cambridgeshire County Council Invoice Payments 2018/19

Regulation 113(7) of the Public Contracts Regulations 2015 (and as set out in Procurement Policy Note 03/16 issued by Crown Commercial Services) introduced the following publication requirements:

After March 2017, all in-scope organisations must publish, on an annual basis and covering the previous 12 months,

i) the percentage of their invoices of suppliers and prime contractors invoices\* paid within 30 days

ii) the amount of interest paid to suppliers due to late payment and

iii) the total amount of interest that the contracting authority was liable to pay (whether or not paid and whether under any statutory or other requirement), due to a breach of Regulation 113.

\*Invoices deemed valid and undisputed.

The data for 2018/19 is as follows:

| Financial Year | %age invoices paid within 30 days | Interest (£’s) actually paid to suppliers | Interest (£’s) \*liable to be paid to | Number of invoices not paid within 30 days | |----------------|----------------------------------|------------------------------------------|-------------------------------------|------------------------------------------| | 2018/19 | 64.66 | £0.00 | £854,006.32 | 16874 |

Published 4 March 2020